The GST Council decided to defer the increase in the rate for textiles to 12% from 5%. It has referred the matter to a panel of Ministers, to review Rate Rationalisation.
The D-SIBs banks are classified into 5 buckets. Bucket 1, Bucket 2, Bucket 3, Bucket 4 and Bucket 5. With Bucket 5 being the most important followed by rest in decreasing order.